Articles

Receiving this large amount from your parents can be both exciting and confusing, especially when it comes to understanding the tax implications.

Is There any Tax Liability on Receiving Rs.20 Lakh as a Gift From Parents?

Three new mutual funds are going to open for subscription this week for investment as fund houses introduce new options to expand their offerings

Investment Opportunities: 3 Mutual Fund NFOs Open for Subscription

News

In a significant victory, actor Shah Rukh Khan has won a tax case, with the Income Tax Appellate Tribunal (ITAT) ruling in his favour.

Shah Rukh Khan wins Tax Dispute Case of Foreign Tax Credit as Tribunal Rules in His Favour; Says Report

Judgement

The West Bengal AAR has ruled that Polyvinyl Chloride (PVC) raincoats will be classified as plastic products under HSN 3926 and will be subject to an 18% GST.

PVC Raincoat to attract 18% GST due to classified as Non-Textile: WB AAR

GST Council is in the last stages of reviewing the GST structure, and the levy would be reduced shortly, said union finance minister Nirmala Sitharaman, who leads the Central indirect tax authority, on Saturday.

GST Rate to be Reduced Soon; Rationalisation and Tax Review in Final Stages: FM Nirmala Sitharaman

U.S. President Donald Trump claimed India has agreed to lower its tariffs "way down," reiterating his assertion that the country imposes large tariffs on American products, making it impossible to sell them.

US President Trumps attacks India; Claims Indian Nation agreed to cut Tariffs way down after ‘being exposed’

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